Buffett Adds 'Bear' to Berkshire Panel and More

3/4/2013 2:45PM

What's News: Warren Buffett invites Doug Kass to speak at May's shareholder meeting, app store sales are booming and the White House moves to support a consumer's right to unlock their cellphones and tablets. Photo: Getty

This transcript has been automatically generated and may not be 100% accurate.

... warned profit find says yes ... this is what's news I'm WS J lifetime Thailand Co ... or cool Omontys the hedge fund manager Doug Kass be added to the cattle Council participate in Berkshire's annual meeting ... Buffett revealed in his letter to shareholders on Friday that he was looking for a per share from their ... tippy on the paddle ... Mr Cass certainly fits the bill is a short position in the company ... he will take turns asking questions of Mr. bopping and is vice chairman Charlie Munger ... and the mobile apps industry is booming global revenue from app stores is expected to rise sixty two percent this year to twenty five billion dollars according to Gartner ... it's been nearly five years since Apple picked up the mobile apps craze ... now app stores run by Apple and Google offer more than seven hundred thousand apps ... each ... analytics firm flurry estimates that consumers spend on average two hours a day with apps ... check out this story and more the Wall Street Journal's week long special series the Business of Apps ... and the White House now supports a consumer's right to unlock their cellphone want that propelled the terms of the contract ... the Obama administration backing a petition on my house I kept asking the migrant Congress ... to reverse its decision making it illegal to a mosque cellphones the White House taking a step further saying it believes consumers also have a right ... to block their tablets ... looking keep us in all the latest news about Mr upbeat and what's his aunt WS J last ...